Buy, Sell or Transfer Egyptian Pound (EGP) in India at the best exchange rates
Popularly known as Gineih and Qirsh, the Egyptian Pound is the official currency of the Arab Republic of Egypt. One Egyptian Pound is divided into 100 Piastres or Ersh. The currency is abbreviated as LE, which means livre égyptienne. Digitally the currency is symbolized as E£ and £E. The Egypt currency was earlier pegged to the US Dollar at 1 EGP is equals to 2.3 USD. However, in 1973 the peg was moved from the US dollar to the British Pound. Currently, it is not pegged to any of the international currencies.
Some facts that you ought to know about the Egypt currency:
The Central Bank of Egypt holds the issuance rights of the currency. It is in the subdivision of 100 piastre or qirsh or 1000 milliemes.
The currency bank notes that are currently under circulation are under the denominations of piastres 5, 10, 25, 50, and pounds 1, 5, 10, 20, 50, 100, 200. Similarly, for the currency coins, the ones that are in circulation are under the denominations of piastres 5, 10, 20, 25, 50 and pound 1.
How to buy forex online?
Thomas Cook offers the best-in-market foreign exchange rates and empowers you to buy foreign currency exchange from the comfort of your home. Whether you want to know the current 1 EGP to INR rate or want to know the best deals on tour packages, you can do it all on the Thomas Cook website. Here are simple steps to convert 1 INR to EGP online: If you wish, you can visit the nearest Thomas Cook branch and our experts will be available to assist you, ensuring a seamless offline transaction.
If you still have questions, speak to our experts now and get the best exchange rate today.